| Heading: |
Small Businesses: Audit |
| Question ID: |
1814584 |
| UIN: |
61382 |
| House: |
Commons |
| Date tabled: |
2025-06-19 |
| Asking Member ID: |
5248 |
| Asking Member display name: |
Luke Murphy
|
| Asking Member handle: |
LukeMLabour
|
| Asking Member Twitter reference: |
@LukeMLabour
|
| Member interest: |
false |
| Question text: |
To ask the Secretary of State for Business and Trade, what steps his Department is taking to help ensure the (a) accessibility and (b) affordability of audit requirements for small and mid-sized quoted companies. |
| Is named day: |
false |
| Date of holding answer: |
|
| Date answered: |
2025-06-27 |
| Date answer corrected: |
|
| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
4418 |
| Answering Member display name: |
Justin Madders
|
| Answering Member handle: |
justinmadders
|
| Answering Member Twitter reference: |
@justinmadders
|
| Correcting Member ID: |
|
| Correcting Member display name: |
|
| Correcting Member handle: |
|
| Correcting Member Twitter reference: |
|
| Answer text: |
Audit standards for UK companies are adopted and set by the Financial Reporting Council (FRC), with reference to internationally-agreed standards. The Government is aware of concerns about the cost and availability of high-quality audit for smaller quoted... |
| Original answer text: |
|
| Comparable answer text: |
|
| Answering body ID: |
214 |
| Answering body name: |
Department for Business and Trade |
| Tweeted: |
true |